Tesla Motors and the Road To Corruption

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Tesla Motors and the Road To Corruption

 

 

 

By Amy Landin- Washington Digital Review

 

 

 

It began as an idea by a couple of guys (none of whom were Elon Musk) who wanted to stiff it to the petroleum industry. It ended with political crime, corruption and the theft of tens of billions of taxpayer’s dollars.

 

 

Jason was a junior level accounting major at Georgetown University. He had been recruited by Lachlan Seward, the loan program coordinator for the United States Secretary of Energy: Steven Chu. Jason thought that his low pay would yield big resume points, because, on this late October evening, he was going over the use of funds for a twenty five billion dollar “special” government fund. It was “big ticket” project and he knew he would be able to impress Wall Street, when he went job hunting at the end of this internship.

 

 

There was one problem, though, as he poured over the papers spread across the conference table on the upper floor of 1000 Independence Avenue, in the U.S. capital.

 

 

As he looked at the figures in front of him, again, he had a shiver go up his spine.

 

 

It wasn’t excitement, it wasn’t anticipation, It wasn’t the chill of the office. He was beginning to think that something was horribly, horribly wrong.

 

 

The problem was, he just realized he was being ordered to arrange the materials in order to hand the taxpayer money over to the least qualified applicant. Additionally, the least qualified applicant was best friends with, and helped nominate, Secretary of Energy Steven Chu.

 

 

The applicant was Tesla Motors.

 

 

Nearly a billion dollars of taxpayer money has been spent on media hype about Tesla Motors and Elon Musk. Almost the full extent of that media smoke-screen, and Internet search engine rigging obfuscation effort, has been dedicated to keeping the public from finding out the truth about Tesla Motors.

 

 

Tesla was started by a couple of tech nerds who really hated oil companies. It labored for a number of years with little to show. Elon Musk then showed up, to run a hostile take-over of Tesla, and threw the founders out, during some very nasty lawsuits in which Tesla founder: Martin, accused him in court papers, and blogs, of being a fraud and a weasel.

 

 

Musk, and his Silicon Valley Cartel, had figured out a way to monopolize lithium mining deals in Afghanistan, and other war-profiteered regions. He had hooked up with Senator’s Feinstein and Reid, via some spectacularly crooked insider stock, real-estate and supplier contract kick-back schemes, in order to grease the skids for a business conglomerate based on government hand-outs.

 

 

The $25 billion dollars had come from the U.S. taxpayers under a law called the Section 136 law. It was no ordinary pig trough bill. It had restrictions which, if violated, would meet the legal requirements of a felony-grade crime. John Doerr, Eric Schmidt and Elon Musk had crafted the schemed up portion of the Section 136 Advanced Technology Vehicle Manufacturing fund. It It was rigged to put tens of billions of taxpayer dollars right in their pockets, via an elaborate smoke-and-mirrors scam.

 

 

What Jason was looking at showed, in a side by side shoot-out, with all 200+ applicants, that Tesla Motors, compared to all others, was not only the least qualified but was in violation of the very law that operated the fund. Additionally, Tesla’s investors were campaign financiers, and they had been demanding that the applicants who competed with them, get “nixed”.

 

 

The documents and the Treasury, SEC and GAO reports seemed to indicate that something was wrong in Tesla-land.

 

 

The law said that the applicant must use existing factories: Tesla was applying to build new real estate in order to benefit Diane Feinstein’s husband’s real estate holdings.

 

 

The law said that the applicant must not be on the verge of bankruptcy yet Elon Musk had told Energy Department executives that Tesla would go bankrupt without the cash. Musk later confessed to this in on-camera interviews.

 

 

The law said that Tesla must comply with NEPA non-toxicity rules yet the Tesla factories were known to emit cancer-causing materials and had killed thousands of workers in China. Additionally, a plan to build a Nevada Tesla battery factory was found to be so toxic that it could kill entire towns from the toxic run-off. Additionally, disposal of Tesla batteries creates a domestic toxic dump as bad as Three Mile Island.

 

 

The law said that the money must be used to create U.S. jobs, yet Tesla was planning on (and, in fact, did) hiring a large number of H-1B off-shore workers.

 

 

The law said that the awardee had to pay an awarding fee. Tesla never paid the fee and their staff even bragged about the waiver in a public presentation.

 

 

The law said that the awardee had to have a factory-ready design. During the entire time of Tesla’s application; not only did they not have any design but they used the money they got from the taxpayers, to start from scratch and figure it out. Their submitted napkin design was $100,000.00 over-budget PER CAR, during the DOE application period time. Nothing in the DOE Tesla application technical design “rough idea” has any resemblance to the car that actually emerged from the “factory”.

 

 

Outside of the Section 136 law, federal criminal law says that you must not bribe politicians to get awarded federal money. Tesla has been shown to have bribed the very politicians that awarded the taxpayer cash.

 

 

The section 136 law said that the applicant must have a top-level “debt ratio”. A debt ratio is how much money has been dumped into a company vs. the likelihood of paying all of the investors back. Tesla had THE WORST DEBT RATIO of all 200+ applicants. In other words, based on Treasury investigators analysis: Tesla had burned up so much money, with so little potential, and so little volume demand, that the ability to survive was almost nil. Department of Energy staff, who were, exclusively, hand-holding Tesla through the DOE program, helped arranged for a Detroit car company to temporarily acquire some Tesla stock in order to help Tesla fudge their book-keeping, so that the debt-ratio would falsely appear to balance just long enough for the award of taxpayer cash to be issued. Most of Tesla’s main sales were to it’s own investors and political fan-boys, in order to inflate order reports.

 

 

Tesla’s application promised to sell at least 200,000 cars by 2012. In fact Tesla, as of today, has barely sold a tiny fraction of that number, after missing every milestone in it’s original application, and after wasting more money, per car, than any other car maker in manufacturing history.

 

 

These violations of the rules of the programs, the laws of the nation and the realms of morality went on and on. The list was long. Jason was now sweating.

 

 

Here was a company that appeared to be a total sham. It was a hyped up, internet-buzz calculated, stock market skim machine. It’s supporters were the leaders in the use of “Flash Boy” stock market manipulation algorithms. Tesla shared the same plot of land with another company, which involved most of the same people. That other company was the soon-to-be-FBI-raided SOLYNDRA.

 

 

What was Jason going to tell his boss at The Department of Energy? He visualized his career swirling around the rim of a toilet bowl as he tried to form the words, in his mind, to tell his boss that the applicant, called Tesla Motors, was a stink bomb.

 

 

Jason never got to have that meeting with his boss. The next day the Department of Energy controller, who sat in between the boss and Jason, took the briefing from Jason. He complimented Jason on his excellent work but said that he would handle the revelation with the boss.

 

 

Not that many weeks later, Jason was shocked to see Steven Chu on CNN announcing the award of the vast sums of the taxpayer cash, via the $25 Billion dollar “special fund” to Elon Musk and Tesla Motors.

 

 

What had happened?, he wondered. What could have erased a volume of dark revelations from review? Having not yet heard of”Lois Lerner” or the “Hillary Email Caper” yet, he could not imagine what had gone sideways.

 

 

He made his way, with urgency, to the controller’s office, where he had first disclosed his findings. The controller looked up as he walked in, gave a commiserating expression and simply said…” …I know, how you must feel about now..”

 

 

There is nothing you can do except forget that this ever happened. We got a memo. This memo! (he held a piece of paper up, facing away from Jason). “I can’t ever show it to you, but it is a game-changer.”

 

 

Jason saw the memo, lit from behind, as the controller held it, facing away from Jason, but back-lit by the setting sun. It had a very distinct blue circular logo, at the top, and a watermark that is like no other in the world.

 

 

The White House had ordered the wave-through of their campaign financier’s company despite all of the known false-hoods, misdeeds and out-right lies that Tesla had engaged in.

 

 

 

 

 

 

 

 

READ MORE ABOUT THE DEPARTMENT OF ENERGY CORRUPTION SCANDAL AT SOME OF THESE LINKS:

 

 

 

 

 

http://thecleantechcrash.wordpress.com

 

 

 

http://lithium-ion.weebly.com

 

 

 

http://bookoftesla.weebly.com

 

 

 

http://paybackpolitics.weebly.com

 

 

 

http://tesla-motors-review.weebly.com

 

 

 

http://xyzcase.weebly.com

 

 

 

http://obamaandme.weebly.com

 

 

 

http://paybackpolitics.weebly.com

 

 

 

http://corruptiondc.weebly.com

 

 

 

http://venturecapitalcorruption.weebly.com

 

 

 

http://greencorruption.blogspot.com

 

 

 

http://www.teslawow.com

 

 

 

http://congressionalreview.weebly.com

 

 

 

https://policystudy.wordpress.com/top-videos/

 

Automated mass internet manipulation attack “Troll Farm” Tactics used by Tesla to rig internet perceptions:

 

 

 

http://www.news.com.au/technology/online/columbia-chemical-hoax-tracked-to-troll-farm-dubbed-the-internet-research-agency/story-fnjwnhzf-1227383608441

 

http://www.freerepublic.com/focus/news/3297994/posts?page=17

 

http://okcupidtrolls.tumblr.com/

 

http://mightygirl.com/2015/06/02/russian-troll-farms/

 

 

 

VENTURE CAPITAL COLLUSION, MARKET RIGGING, VALUATION FIXING:

 

 

 

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Fred Wilson on AngelGate and Where the Web Is Going ..

 

The Union Square partner shares his thoughts on “superangels,” the globalization of Web services, and such companies as Quora and StackOverflow

 

bloomberg.com/bw/technology/content/oct2010/tc2010107_1…

 

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AngelGate’ disrupts TechCrunch conference but no ‘Jerry Springer’..

 

In a colorful blog post, PayPal veteran and angel investor Dave McClure dismissed talk of collusionand “Angelgate” saturated social media — Twitter, Quora, Facebook (and spawned jokes and a Hitler…

 

latimesblogs.latimes.com/technology/2010/09/angelgate-disrupts-tec…

 

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The Daily Start-Up: “AngelGate” Escalates – Venture Capital Dispatch…

 

And the “AngelGate” flap won’t die. Arrington blogged about it, alleging angel collusion. Now angel Ron Conway, who wasn’t at the meeting but whose SV Angel partner David Lee apparently was…

 

blogs.wsj.com/venturecapital/2010/09/24/the-daily-start…

 

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Scripting News: Angelgate in a Nutshell

 

I was talking about Angelgate earlier today with an entepeneur (the new spelling) a bunch of angels and you’re wondering if the guys you’ve been meeting with were in the collusion meeting that Mike…

 

scripting.com/stories/2010/09/24/angelgateInANutshell.html

 

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How AngelGate Affects You…Yes, You, Racketeering In Silicon Valley still getting worse. Where is the FBI? –

 

How AngelGate Affects You…Yes, You. In an overcrowded world of mortal human beings, struggling Michael Arrington’s report of collusion among Silicon Valley Super Angels really is as epic a story as it…

 

readwrite.com/2010/09/24/how_angelgate_affects_youyes_you

 

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What Entrepreneurs Should do about Price Fixing – CloudAve

 

_ We all know about AngelGate by now. As a funny coincidence I happend to have written about the topic of collusion 3 weeks prior to the fateful dinner.

 

cloudave.com/5283/what-entrepreneurs-should-do-about-p…

 

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The Real Lesson of AngelGate | Force of Good

 

The Real Lesson of AngelGate. Posted on September 23, 2010 · 11 Comments. He starts screamingcollusion in a quite successful attempt to draw page views.

 

blog.weatherby.net/2010/09/the-real-lesson-of-angelgate.html

 

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Founders Come First | True Ventures

 

First the “smackdown” news and chatter this week and now Angelgate. super angels and VCs, while Fred Wilson at Union Square says collusion has certainly happened where several VCs have been…

 

trueventures.com/founders-come-first/

 

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AngelGate: Symptom or Problem? | payne.org/blog

 

It seems clear this week’s meme is going to be “AngelGate“, after Michael Arrington crashed a private meeting of West coast “super” angels, accusing them of collusion and price fixing.

 

payne.org/blog/angelgate-symptom-or-problem/

 

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AngelGate” – Who Really Has the Power? – 3Q Digital

 

So today AngelGate may be a big deal, but in the long run it won’t amount to much – the power is shifting to the entrepreneur, and no amount of collusion from angels or VCs can stop that.

 

3qdigital.com/analytics/angelgate-who-really-has-the-po…

 

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The Daily Start-Up: “AngelGate” Escalates – RPI Engage | Forum

 

The Daily Start-Up: “AngelGate” Escalates. Posted by Remy Arteaga on September 24, 2010 at 10:55am in News. Arrington blogged about it, alleging angel collusion.

 

rpiengage.ning.com/forum/topics/the-daily-startup-angelgate

 

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PDF Angel Investing : How do angel investors gain traction?

 

AngelGate: Is collusion between angel investors to gain an advantage in investing in startups illegal? Angel Investing: Is it fair for someone who calls themselves a “seed” investor to require traction?

 

ventureengine.lk/pdf/How do angel investors gain traction…

 

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What Entrepreneurs Should do about Price Fixing

 

_ We all know about AngelGate by now. As a funny coincidence I happend to have written about the topic of collusion 3 weeks prior to the fateful dinner.

 

bothsidesofthetable.com/2010/09/23/what-entrepreneurs-should-do-a…

 

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angel meetup at Bin 38 with everyone but @Arrington  #angelgate..

 

Attend the secret super angel meetup at Bin 38 with everyone but @Arrington  #angelgate. ” i missed this meeting, can it turn into a monthly entrepreneur collusion meeting? “

 

plancast.com/plan/110971

 

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BoomTown Decodes Conway’s Super Angel Email to Fellow Investors..

 

Dave “Sue Sylvester” McClure uses his bullhorn blog to call foul about a not-naming-names-but-still-really-mad-as-hell story of collusion by that creepy kid from the school newspaper who wants to…

 

allthingsd.com/20100924/boomtown-decodes-ron-conways-sup…

 

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Tagxedo, word cloud with styles

 

Michael Arlington of TechCrunch broke a very colorful story yesterday, now known as Angelgate, about a secret super-angel meeting that he crashed. In his blog, Arlington accused the angels ofcollusion

 

blog.tagxedo.com/page/3

 

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Fire in The Valley, Fire in My Belly… and Yes, Mike, I Have Stopped…

 

Heh, whether AngelGate is true or not, we live in a Goldman Sachs/BP world. I don’t think you’d ever wade into collusion. But, how’d you feel about a group of VCs gathering before the next round?

 

500hats.typepad.com/500blogs/2010/09/fire-in-the-valley.html

 

If the Tesla D’s Such a Great Car… | The American Spectator

 

Why Crony Capitalism Gives the Free Market a Black Eye. Gary Shapiro. Nation’s Largest Nuclear Power Plant Operator Seeks State Subsidies …

 

spectator.org/articles/60703/if-tesla-d’s-such-great-car…

 

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Elon Musk, Grabby Crony Capitalist – LCT Magazine

 

Elon Musk, Grabby Crony Capitalist. Posted on March 26, 2015 by Martin Romjue – Also by this author. Post a comment | Comments 0 | Welcome to …

 

lctmag.com/blogpost/293782/elon-musk-grubbing-crony-…

 

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Elon Musk, the ultimate entrepreneur in aCrony Capitalist 

 

Elon Musk is truly a brilliant entrepreneur; initial c0-founder of Paypal, visionary founder of SpaceX and now Tesla motor cars. I met Mr. Musk back in my Air Force …

 

bereansatthegate.com/elon-musk-the-ultimate-entrepreneur-in-a-…

 

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Elon Musk Gets Government Loans, Buys $17 Million House

 

We live in the gilded age of crony capitalism. If you have any doubt about that fact look no further than Elon Musk’s purchase of a $17 million mansion in Bel Air …

 

breitbart.com/big-government/2013/01/15/elon-musk-poste…

 

Elon Musk’s growing empire is fueled by $4.9 billion in .

 

Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running … SpaceX has won more than $5.5 billion in government contracts from …

 

latimes.com/business/la-fi-hy-musk-subsidies-20150531…

 

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Elon Musk: Government’s $5 Billion Crony Kick-back Man – Nevada News and Views

 

Musk is one of the hottest CEOs in the country, and Tesla stock has been a strong performer. But one key to Musk’s success is that his companies have, according to …

 

nevadanewsandviews.com/elon-musk-governments-5-billion-man/

 

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Elon Musk: Government’s $5 Billion Man

 

Capitalism 2015: In corporate finance today, the theme is Go where the money is. For Elon Musk, CEO of Tesla, SolarCity and SpaceX, the place to hunt for cash isn’t …

 

snewsi.com/id/15215262069/Elon-Musk-Governments-$5-B…

 

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Elon Musk: Government’s $5 Billion Man 

 

Breaking News. VIDEO… SOLDIER WHO KILLED 16 AFGHANS SAYS HE WAS ‘CONSUMED BY WAR’… American Pharoah becomes 1st Triple Crown winner in 37 years

 

konservativekartel.com/elon-musk-governments-5-billion-man/

 

The Techtopus: The Silicon Valley Wage Suppression Cartel (w 

 

Matt & Michael hosted Pando Daily Senior Editor Mark Ames who explains the origins of the SiliconValley wage suppression cartel, how George Lucas helped …

 

youtube.com/watch?v=bVhXTMpP-d0

 

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The Silicon Valley wage suppression conspiracy

 

The cartel firms can also afford to pay you a more, … Silicon Valley employers need to do whatever is necessary to stay the engine of innovation for the …

 

marginalrevolution.com/marginalrevolution/2014/03/the-silicon-va…

 

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The Techtopus: How Silicon Valley’s most celebrated CEOs 

 

In early 2005, as demand for Silicon Valley engineers began booming, Apple’s Steve Jobs sealed a secret and illegal pact with Google’s Eric Schmidt to …

 

pando.com/2014/01/23/the-techtopus-how-silicon-vall…

 

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The Friday Roast – Silicon Valley’sdespicable wage cartel 

 

Some of Silicon Valley’s best known names, Apple and Google among them operated a wage cartel. Now they’re being punished.

 

diginomica.com/2014/08/15/friday-roast-silicon-valleys-d…

 

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Taxi industry piles on ‘Silicon Valley cartel’| Capital New York

 

In recent weeks, the San Francisco-based taxi app called Lyft has been trying to launch in the New York City market, so far without success. State and city officials …

 

capitalnewyork.com/article/city-hall/2014/07/8549483/taxi-in…

 

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Silicon Valley workers may pursue collusion case as group 

 

Jan 14 Roughly 60,000 Silicon Valley workers won clearance to pursue a lawsuit accusing Apple Inc, Google Inc and other companies of conspiring to drive …

 

reuters.com/article/2014/01/15/siliconvalley-collusio…

 

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Secret anti-labor cartel alleged in SiliconValley | www.ajc.com

 

Secret anti-labor cartel alleged in Silicon Valley. Posted: 2 … in lost income for some 100,000 SiliconValley engineers whose salary was …

 

ajc.com/weblogs/jay-bookman/2014/jan/27/secret-an…

 

DOWNLOAD YOUR FREE COPY OF: “THE BOOK OF TESLA”:

 

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Download File:   http://paybackpolitics.weebly.com/uploads/1/4/4/1/14419908/the_book_of_tesla_edit_odt_v.3.0c.pdf

 

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Download File:  http://obamaandme.weebly.com/uploads/1/4/4/1/14419908/the_book_of_tesla_photos_set_1.pdf.zip

 

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Download File: http://obamaandme.weebly.com/uploads/1/4/4/1/14419908/the_book_of_tesla_corruption_investigation_tips.pdf.zip

 

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Download File: http://obamaandme.weebly.com/uploads/1/4/4/1/14419908/the_solyndraappendixpt1low.pdf.zip

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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